SHE:301560 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	244.74	248.45	166.55	118.94	111.14	80.98
Trading Asset Securities	70.3	38.15	-	0	0.42	1.27
Cash & Short-Term Investments	315.05	286.6	166.55	118.94	111.57	82.25
Cash Growth	60.32%	72.08%	40.03%	6.61%	35.65%	22.49%
Accounts Receivable	278.43	253.08	233.62	195.01	178.4	125.23
Other Receivables	97.16	95.37	56.04	41.88	18.95	10.5
Receivables	375.59	348.45	289.66	236.89	197.36	135.73
Inventory	300.81	316.79	310.31	263.6	178.33	183.77
Other Current Assets	21.17	73.4	39.08	29.29	10.26	7.65
Total Current Assets	1,013	1,025	805.6	648.71	497.52	409.4
Property, Plant & Equipment	708.74	684.38	570.28	524.26	310.45	256.83
Goodwill	0.41	0.43	0.39	0.39	0.39	0.38
Other Intangible Assets	33.59	34.53	33.05	16.06	15.68	14.86
Long-Term Deferred Tax Assets	16.91	16.71	10.43	16.83	16.52	9.46
Long-Term Deferred Charges	13.08	8.31	18.52	28.12	24.81	15.62
Other Long-Term Assets	38.71	32.55	11.34	19.96	17.4	2.89
Total Assets	1,829	1,802	1,450	1,254	882.76	709.43
Accounts Payable	492.99	522.17	523.01	422.74	279.81	226.83
Accrued Expenses	15.49	14.51	16.62	18.11	15.37	16.94
Short-Term Debt	181.52	156.01	268.11	246.75	145.17	176.65
Current Portion of Long-Term Debt	31.02	30.48	73.53	27.52	4.11	0.53
Current Portion of Leases	-	-	7.63	7.4	5.45	2.64
Current Income Taxes Payable	6.46	7.76	5.68	2.94	2.31	6.4
Current Unearned Revenue	7.66	7.99	1.46	0.94	0.43	0.54
Other Current Liabilities	1.49	1.95	3.7	3.17	1.93	10.93
Total Current Liabilities	736.62	740.87	899.76	729.56	454.59	441.45
Long-Term Debt	49.4	9.85	6.79	34.32	52.64	2.96
Long-Term Leases	59.8	56.19	50.92	51.13	18.91	4.97
Long-Term Unearned Revenue	21.5	22.34	25.68	15.71	14.17	3.85
Long-Term Deferred Tax Liabilities	-	0	3.12	1.5	6.79	2.01
Total Liabilities	867.33	829.26	986.27	832.22	547.11	455.25
Common Stock	121.6	121.6	91.2	91.2	91.2	91.2
Additional Paid-In Capital	433.95	433.95	40.57	38.99	38.34	37.7
Retained Earnings	432.46	436.66	383.4	288.26	205.71	127.4
Comprehensive Income & Other	-23.75	-17.76	-50.11	3.14	-0.11	-2.58
Total Common Equity	964.25	974.45	465.06	421.6	335.15	253.72
Minority Interest	-2.54	-1.56	-1.71	0.51	0.5	0.46
Shareholders' Equity	961.72	972.9	463.36	422.1	335.65	254.18
Total Liabilities & Equity	1,829	1,802	1,450	1,254	882.76	709.43
Total Debt	321.74	252.54	406.99	367.11	226.29	187.75
Net Cash (Debt)	-6.69	34.07	-240.44	-248.17	-114.72	-105.5
Net Cash Per Share	-0.05	0.31	-2.65	-2.74	-1.26	-1.21
Filing Date Shares Outstanding	140.22	119.15	91.2	91.2	91.2	91.2
Total Common Shares Outstanding	140.22	119.15	91.2	91.2	91.2	91.2
Working Capital	275.99	284.37	-94.17	-80.85	42.92	-32.05
Book Value Per Share	6.88	8.18	5.10	4.62	3.67	2.78
Tangible Book Value	930.25	939.5	431.62	405.15	319.08	238.48
Tangible Book Value Per Share	6.63	7.89	4.73	4.44	3.50	2.61
Buildings	-	-	112.03	98.11	87.45	84.64
Machinery	-	-	509.82	462.91	296.02	245.63
Construction In Progress	-	-	90.17	66.26	27.36	12.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.